july-chipsGlobal semiconductor sales rose in July for the fifth consecutive month on a month-to-month basis, according to the trade group Semiconductor Industry Association.

Chip sales are a bellwether for the tech economy since chips are used in everything electronic. July sales were $18.3 billion, up 5.3 percent from June sales of $17.2 billion. Sales increased in all major geographic territories.

The year-over-year decline has moderated as the year has progressed. In the first six months of 2009, sales were down 25 percent from a year ago. For July 2009, sales were 18.2 percent lower than July 2008. Sales numbers are based on a three-month-moving average of global chip sales.

George Scalise, president of the SIA, said the sales improvement in July reflected improving demand in consumers, as products in netbooks (web-surfing computers that are smaller than laptops) and cell phones are leading the recovery. Enterprise sales are still relatively slow, but there is evidence of a return to seasonal buying patterns.

VentureBeat

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform
  • networking features, and more
Become a member